Astro Resources NL explores for and develops mineral resources properties. More Details
+ 1 more risk
Flawless balance sheet and overvalued.
Share Price & News
How has Astro Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ARO is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 23% a week.
Volatility Over Time: ARO's weekly volatility has decreased from 42% to 23% over the past year, but is still higher than 75% of Australian stocks.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: ARO exceeded the Australian Metals and Mining industry which returned 31.2% over the past year.
Return vs Market: ARO exceeded the Australian Market which returned 26% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Astro Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StRead This Before Selling Astro Resources NL (ASX:ARO) Shares
5 months ago | Simply Wall StWhat Are The Total Returns Earned By Shareholders Of Astro Resources (ASX:ARO) On Their Investment?
Is Astro Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ARO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ARO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ARO is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: ARO is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ARO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ARO is good value based on its PB Ratio (2.1x) compared to the AU Metals and Mining industry average (2.6x).
How is Astro Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Astro Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Astro Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARO is currently unprofitable.
Growing Profit Margin: ARO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ARO is unprofitable, and losses have increased over the past 5 years at a rate of 1.2% per year.
Accelerating Growth: Unable to compare ARO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ARO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.9%).
Return on Equity
High ROE: ARO has a negative Return on Equity (-13.78%), as it is currently unprofitable.
How is Astro Resources's financial position?
Financial Position Analysis
Short Term Liabilities: ARO's short term assets (A$2.2M) exceed its short term liabilities (A$210.5K).
Long Term Liabilities: ARO's short term assets (A$2.2M) exceed its long term liabilities (A$18.0K).
Debt to Equity History and Analysis
Debt Level: ARO is debt free.
Reducing Debt: ARO has no debt compared to 5 years ago when its debt to equity ratio was 224%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ARO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ARO has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 13.8% each year
What is Astro Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ARO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ARO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ARO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ARO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ARO's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Vincent John Paul Fayad, also known as Vince, is Company Secretary & Chief Financial Officer at Polymetals Resources Ltd. He serves as Interim Chief Executive Officer at Astro Resources NL since Februa...
CEO Compensation Analysis
Compensation vs Market: Vince's total compensation ($USD66.47K) is below average for companies of similar size in the Australian market ($USD270.68K).
Compensation vs Earnings: Vince's compensation has been consistent with company performance over the past year.
Experienced Board: ARO's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 195.9%.
Astro Resources NL's company bio, employee growth, exchange listings and data sources
- Name: Astro Resources NL
- Ticker: ARO
- Exchange: ASX
- Founded: NaN
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$16.939m
- Shares outstanding: 3.76b
- Website: https://www.aro.com.au
- Astro Resources NL
- 189 Kent street
- Suite 6
- New South Wales
Astro Resources NL explores for and develops mineral resources properties. It primarily explores for mineral sands, diamond, and gold deposits. The company operates through three segments: Heavy Minerals, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/27 15:52|
|End of Day Share Price||2021/07/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.